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Financing at Loeber Motors in Lincolnwood, IL
So you're interested in purchasing a new or pre-owned Mercedes, Porsche, Smart, or Sprinter car from Loeber Motors in Lincolnwood, IL? Let us help you with the next step, which is financing! Our finance experts here at our Lincolnwood car dealership are here to help you find the loan that works best with your budget.
To get started all you need to do is fill out our online finance application form. It's secure, and when we receive the application, our finance staff here at Loeber Motors will look it over and contact you as soon as possible.
If you have any questions about financing before you fill out our online finance application don’t hesitate to contact Loeber Motors online, at (855) 456-3237, or stop into our car dealership serving Evanston, Chicago, and all surrounding areas. We are ready to help you with all of your Mercedes-Benz, Porsche, Smart, and Sprinter financing needs today!
Buying vs. Leasing Information
In making the decision on whether to buy or lease your Mercedes, Porsche, Smart, or Sprinter car, at Loeber Motors we want to make sure you understand the primary differences between the two options. So we have provided information on both buying and leasing from our Lincolnwood Mercedes Porsche Smart Sprinter dealership below.
When you buy a new or pre-owned Mercedes-Benz, Porsche, Smart, or Sprinter car, you pay for the whole vehicle. You will usually make a down payment, pay the sales tax in cash or roll them into your auto loan and pay an interest rate on the balance of the loan. Generally, your first payment is due a month after you sign your contract. This option may fit those who plan to keep their car for a long period of time and have a need to put unlimited miles on the vehicle.
When you lease, you are paying for only what you use of the Mercedes, Porsche, Smart, or Sprinter model. You do not have to put money down and sales tax will be included as part of your monthly lease payment. Your lease payment is determined in part on a money factor that is similar to the interest rate on a loan. You make your first lease payment at the time you sign your contract.
We hope you found this information about buying and leasing to be helpful. We also hope that when you’re ready to purchase or lease a Mercedes, Porsche, Smart, or Sprinter vehicle you let our finance staff here at Loeber Motors help you with all of your financing needs!
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